The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
Share this articleSylla Gold Corp. [SYG-TSXV] shares rallied in active trading Tuesday after the company released assay results from its Niaouleni Gold Project in Southern Mali, West Africa.Results released after the close of trading on August 29, 2022, include positive gold assays from 18 reverse circulation drill holes covering 2,588 metres. This batch of drill holes was completed primarily in a...Read More
The company said reverse circulation drilling linked several resource pits and demonstrated that gold mineralisation at Black Pine tends to coalesce into larger, continuous mineralised zones,Read More
The updated measured and indicated resource is 11.1 million tonnes grading 11.4 grams per tonne gold for 4.1 million ounces at a 3.5g/t cut off, with an inferred resource of 12.3Mt grading 8.Read More
Sky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedInvestor Insight: InterGroup MiningSPONSOREDintergroup miningAlicanto wows with maiden resourceSPONSOREDalicanto mineralsNew Found stated that the timing and extend of the ATM will be used at its discretion and total gross proceeds could be "sign...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe guidance said that market participants looking to enter a short sale order must have "reasonable expectations" beforehand that sufficient securities will be available to allow them to settle anyRead More
Look beyond market approach to project valuations: van ZylLeadershipNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED In what looks like a modern-day version of Rudyard Kipling's famous warning that "East is East, and West is West, and never the twain sh...Read More
"This has been a milestone quarter for the company, generating a net profit of over US$6 million for the period.Read More
The Department of Energy (DOE) is requesting feedback by October 14 on how federal investments can accelerate the collection, transportation, processing, and recycling of batteries and scrapRead More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSun shines on Saturn MetalsSPONSOREDsaturn metalsA report in the Wall Street Journal said the development could occur despite concern about the environmental impact of deep-sea mining.Read More
(IDEX Online) - The Dubai Diamond Exchange (DDE) has reported a record $19.8bn of trade in the first half of 2022. In February it claimed it had overtaken Antwerp as the top trading hub globally for rough diamonds - over $22.8bn in 2021. And its H1 2022 figures for polished trade show a year-on-year rise of over 52 per cent, to $6.7bn. The most up-to-date figures from Antwerp, with...Read More
(IDEX Online) - Security firm Brink's is locked in a legal battle with victims of what has been described as one of the biggest gem heists in US history. Brink's insist the total insured value is $8.7m But 13 "mom and pop" jewelers who had their stock plundered in July, say the actual value is closer to $100m.Thieves stole 22 bags of jewelry from a tractor-trailer while two gu...Read More
(IDEX Online) - Canadian rapper Drake has splashed out on an "all-diamond" ring, set with a dozen huge VVS-clarity oval gems all the way round, an even bigger center stone.The Grammy-winning artist, aged 35, has a fortune estimated at over $200m.He commissioned the so-called Godfather Ring, a tribute to Marlon Brando's character in the 1972 movie, from New York jeweler Alex Moss.It is m...Read More
(IDEX Online) - Police have arrested a suspect following the theft of jewelry worth almost $500,000 from Macy's. He was allegedly caught on security video pawning an item from the raid at the Macy's department store at Oak Court Mall, Memphis, Tennessee, USA. Rashad Bonds, 30, is accused of theft of property worth between $60,000 and $250,000, according to WREG-TV . Police say five...Read More
This week's episode features geopolitical and natural resource commentator Paul from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses the increasing vulnerability of European nations to energy shortages, as well as the ongoing development of precious metals exchanges around the world, and the challenges Western companies could face competing with higher energy and lab...Read More
As it pushes toward completing a feasibility study by year-end for its high-grade Windfall gold deposit in Eeyou Istchee James Bay, Que., Osisko Mining (TSX: OSK) has released an updated resource outlining a total of 7.4 million ounces. The updated resource is based on nearly 1.9 million metres of drilling. In the measured and indicated category, Windfall now contains 4.1 million oz. in 11.1 mill...Read More
While rising interest rates have weighed on the gold price since it hit its most recent peak of over US$2,050 per oz. in March, exploration for the yellow metal is still running hot. Below are the top 10 best gold drill results for listed companies for the year to date and are ranked by gold grade x width, as identified by our sister company Mining Intelligence. Best gold drill results YTD.1 KIEN...Read More
Southern Silver Exploration (TSXV: SSV) has released a preliminary economic assessment (PEA) for its 100%-owned Cerro Las Minitas silver project about 70 km northeast in Durango state, Mexico. The PEA puts gross revenues over 15 years of mining at US$3.7 billion.With an initial capital requirement of US$341 million for a large-scale, underground mine, the study puts the after-tax net present value...Read More
New Found Gold (TSXV: NFG; NYSEA: NFGC) announced plans last week to launch an at-the-market equity offering to raise up to $130 million for exploration at two, wholly owned gold projects in Newfoundland.The company has a 400,000-metre drill program underway at the Queensway project 15 km west of Gander, N.L. It also anticipates updating the resource estimate at Lucky Strike east of Kirkland Lake,...Read More
Central bank digital currencies (CBDCs) are coming fast, and you need to be prepared for them because they'll mark a major victory in the war against cash - and against your personal privacy.You'll see why today.As the name implies, central bank digital currencies are digital, existing exclusively in electronic form. They're not physical at all. Central banks would control them.But it’s impo...Read More
"Quantum computers are tools of destruction, not creation."Those are the words of Alexander Lvovsky, a world-renowned physicist working for the University of Calgary in Canada.I'll admit he's being a bit of a downer, but the professor is correct. Quantum computers truly have the potential to collapse civilization as we know it. Think about it for a minute: The integrity of all data on Earth...Read More